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loan
Start Up Loan Program
MN Housing Authority
Max Funding
$425,000
Available In
MN
Program Overview
Overview:Minnesota's primary first-time homebuyer program offering competitive fixed-rate mortgages with down payment and closing cost assistance.
Eligibility Requirements
First-time homebuyer (or not owned home in 3 years) Income limits vary by household size and location Purchase price limits: Generally up to $375,000-$425,000 Property must be primary residence in Minnesota Complete homebuyer education course Must work with Minnesota Housing-approved lender
Additional Requirements
Requirements vary by program. Contact administrator for details. Typically includes income documentation, proof of residency, and credit check.
How to Apply
Contact program administrator or visit website for application process. May require pre-qualification or homebuyer education.